Grant Options

There are many grant and loan majors available to undergraduate students. Start your financial aid search with the grant majors first – these don’t have to be repaid. Please read the description of each major to find out if you are eligible and how to apply. Contact LBC’s Financial Aid Office if you need to speak with a financial aid specialist.

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Federal & State Grants

Federal Pell Grant

  • Federally funded student gift aid that does not need to be repaid.
  • Awarded to undergraduate students who have high financial need who are working on their first bachelor's degree.
  • Awarded based on expected family contribution and number of credits the student has scheduled.
  • May be awarded to students who are less than half-time (six credits).
  • The maximum fall-spring-summer award (for the 2017-18 academic year) is $5,920. The maximum per semester is $2,960.
  • Students who complete the FAFSA are automatically considered for the grant.
  • Students must meet federal student aid eligibility requirements.

Pennsylvania State Grant

  • State-funded gift aid awarded by the Pennsylvania Higher Education Assistance Agency (PHEAA) to undergraduate Pennsylvania residents who demonstrate high financial need.
  • The Pennsylvania State Grant is awarded to undergraduate students who are residents of Pennsylvania. Deadline date for FAFSA application is May 1. Currently the Pennsylvania State Grant program does not consider students enrolled in Degree Completion to be full-time. Therefore awards are usually 50% less than the normal full-time award. Also, any modules dropped within a degree completion term may affect eligibility for the State Grant. 
  • Maximum full-time award beginning with the 2017-18 academic year is $3,950 per year. Maximum half-time award is $1,975 per year.
  • Students who submit their FAFSA information to PHEAA by May 1 are automatically considered for the grant.
  • Students must meet federal student aid eligibility requirements.
  • Students enrolled in the online program are not eligible. 

Note: If you choose to apply for a Summer Pennsylvania State Grant, it will be counted towards your maximum semesters of eligibility.

Grants from Other States


Capitol Scholarship Program
Department of Higher Education
61 Woodland Street
Hartford, CT 06105-2326


Delaware Higher Education Commission
Carvel State Office Building
820 North French Street
Wilmington, DE 19801-3509


Finance Authority of Maine
Maine Education Assistance Division
5 Community Drive
P.O. Box 949
Augusta, ME 04332-0949
207.623.3263 or 800.228.3734 (within ME)


Massachusetts Office of Student Financial Assistance
454 Broadway
Suite 200
Revere, MA 02151


Ohio Board of Regents
Ohio Instructional Grant (OIG)
State Grants and Scholarships Department
P.O. Box 182452
Columbus, OH 43215-2452
614.466.7420 or 888.833.1133

Rhode Island

Rhode Island Higher Education Assistance Authority
560 Jefferson Boulevard, Suite 100
Warwick, RI 02886


Vermont Student Assistance Corporation
Champlain Mill/Grant Department
P.O. Box 2000
Winooski, VT 05404-2601

West Virginia

West Virginia Higher Education
1018 Kanawha Boulevard, East Suite 700
Charleston, WV 25301-2827

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Lancaster Bible College|Capital Seminary & Graduate School is an equal opportunity institution that does not discriminate on the basis of race, color, sex (except where sex is a bona fide occupational qualification), ancestry, national origin, age, disability, veteran status, or genetic information. This policy applies to all terms and conditions of employment, admission to and enrollment with the College.